X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.

SCHAUMBURG, IL-USAA Realty Co. has put Three Woodfield Lake up for sale for $10.7 million. The owner has hired Trammell Crow Co. to market the class A office property at 900 National Pkwy.

“We just went to market with it over the holiday and we’ve had very good interest so far,” Kenneth J. Szady, senior vice president of Trammell Crow’s investment services group, tells GlobeSt.com. He adds the interest is coming from institutional investors.

The four-story building is located less than a mile from Woodfield Mall, near the junction of Interstate 90 and Route 53/I-290.

“This acquisition represents an excellent opportunity to purchase a quality suburban office facility in one of Chicago’s premier suburbs,” Szady adds. “With a strong rent role, proximity to Schaumburg’s many amenities including Woodfield Mall, and easy access to two of the region’s major expressway systems, the property’s competitive advantages are clear.”

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 3 free articles* across the ALM subscription network every 30 days
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

Dig Deeper

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2020 ALM Media Properties, LLC. All Rights Reserved.